425 W Silver Star Rd - Retail FOR SALE


Ocoee, FL 34761
$7,995,000 USD
407-780-9116
425 W Silver Star Rd, Ocoee, FL for Sale
$7,995,000 USD
Retail - FOR SALE
1/9
null | 7.29% Cap Rate

425 W Silver Star Rd
Ocoee, FL 34761


HIGHLIGHTS

  • Retail Strip Center Details: 61,100 SF on 7.87 acres, 24 fully leased units, 70% of leases expiring in 2025 without renewal options.
  • Triple Nets: All leases allow reimbursements of taxes, insurance and maintenance, but ownership is not collecting.
  • Value-Add Opportunity: CoStar reports show leasing rates above $20 NNN; converting leases to $14 NNN boosts valuation to $11M+ at a 7% cap.
  • Strategic Location: Strategically located in Ocoee, a growing Orlando MSA market near major highways, residential areas, and commercial hubs.
  • Strong Demographics: Over 4,400 residents within a 1-mile radius and 62,000+ within 3 miles, with a median household income exceeding $72,000.
  • Proximity to Key Anchors: Near major retailers and businesses, ensuring steady traffic and tenant retention.

OVERVIEW

Tony Nguyen, CCIM with The TRG Group, is pleased to present this fully occupied retail shopping center in Ocoee, Florida. Encompassing 61,100 SF on 7.87 acres, the property features 24 units with 100% occupancy, providing stable cash flow and a cap rate of 7.29%. All leases are triple net leases, but ownership is not collecting CAM. Positioned in a growing market within the Orlando MSA, the property benefits from robust local demographics, including over 62,000 residents within 3 miles and a median household income exceeding $72,000. This property offers significant value-add opportunities, with 70% of leases expiring in 2025, allowing for repositioning to NNN leases and the possibility of increasing value to over $11M. Its prime location near other retailers, concentrated traffic counts, ample parking with 231 spaces and development potential for an outparcel make this asset an exceptional investment opportunity. Contact us to learn more about this offering.

FOR SALE DETAILS

PRICE

$7,995,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Silver Star Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

231

LAND DETAILS

LAND ACRES

7.87 AC

LAND SF

342,817 SF

ZONING

C-2, County

APN/PARCEL ID

18-2228-0000-00-024,18-2228-0000-00-044

ASK ABOUT THIS PROPERTY

Tony Nguyen, CCIMTRG GroupMore Info
407-780-9116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tony Nguyen, CCIMTRG GroupMore Info
407-780-9116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.